Kiri Industries Limited — PPTs, 07-11-2025: Investor Presentation

Here's a concise, retail-friendly summary:

**Business Performance:**

Kiri Industries' Q2FY26 saw consolidated revenue of INR 194.6 Cr, with a net loss of INR 21.1 Cr. Standalone revenue grew 23% YoY to INR 213.4 Cr, but reported a net loss of INR 79.5 Cr. Litigation and high input costs impacted EBITDA.

**Growth Drivers or Strategy:**

Kiri is investing INR 10,661 Cr into an integrated copper & fertilizer project via Indo Asia Copper in Gujarat. Starting Oct 2025 (36-month build), it targets sustainable, cost-efficient production for future growth, reducing import dependency.

**Recent Developments:**

Sale of Kiri's 37.57% DyStar stake (USD 676.26M) delayed; buyer missed regulatory approvals. Long-stop date extended to Dec 1, 2025, requiring a USD 5.11M additional deposit.

**Key Financial Metrics:**

Q2FY26 Consolidated: Revenue INR 194.6 Cr, Net Loss INR 21.1 Cr. Standalone: Revenue INR 213.4 Cr (+23% YoY), Net Loss INR 79.5 Cr.

**Management Commentary / Outlook:**

Management remains positive on operational resilience. The new copper-fertilizer venture is a critical future growth platform, leveraging government support and partnerships.